HON VVS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HON VVS A/S
HON VVS A/S (CVR number: 12778392) is a company from HORSENS. The company recorded a gross profit of 3034.9 kDKK in 2024. The operating profit was -62.3 kDKK, while net earnings were -22.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HON VVS A/S's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 374.02 | 3 496.06 | 4 382.61 | 3 495.87 | 3 034.91 |
EBIT | 992.55 | 469.96 | 967.58 | 123.86 | -62.31 |
Net earnings | 780.05 | 380.47 | 764.59 | 125.23 | -22.50 |
Shareholders equity total | 1 337.47 | 937.95 | 1 702.54 | 827.77 | 505.27 |
Balance sheet total (assets) | 2 603.53 | 1 881.11 | 2 705.87 | 1 805.74 | 1 226.01 |
Net debt | - 775.09 | - 365.30 | - 598.34 | - 187.75 | - 242.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 41.7 % | 22.1 % | 43.1 % | 7.3 % | -1.8 % |
ROE | 59.9 % | 33.4 % | 57.9 % | 9.9 % | -3.4 % |
ROI | 69.8 % | 40.4 % | 74.7 % | 12.9 % | -3.8 % |
Economic value added (EVA) | 707.59 | 297.78 | 704.45 | 9.10 | -92.14 |
Solvency | |||||
Equity ratio | 51.4 % | 49.9 % | 62.9 % | 45.8 % | 41.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 1.9 | 2.5 | 1.8 | 1.8 |
Current ratio | 2.2 | 1.9 | 2.5 | 1.8 | 1.8 |
Cash and cash equivalents | 775.09 | 365.30 | 598.34 | 187.75 | 242.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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